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Tesla Model Y: World’s Best-Selling Car in 2023, Overtakes Toyota RAV4 and Corolla

The Tesla Model Y became the most popular new car in Europe last year. But which car became the best seller overall?

Over a quarter of a million cars in Europe, another nearly 404,000 units in the United States, including China and other large markets. Thanks to a successful global campaign, the Tesla Model Y has become the world’s best-selling car in 2023, overtaking the Toyota RAV4 and Corolla.

While the Japanese automaker managed to deliver 1.07 million RAV4s and just over a million Corollas of all body variants last year, according to preliminary figures, the American Tesla sold roughly 1,230,000 units of the electric SUV, which has been cheaper several times over the past year. The last time was only recently, when the price of the basic version on the Czech market fell within sight of a million crowns, thanks to which the Model Y became the most affordable Tesla in our country. The Americans are evidently getting rid of the stock of the current model, the introduction of a significantly rejuvenated version with the nickname Juniper is already around the corner.

The American electric SUV was on average 18 and 23 percent cheaper than the average local zero-emission car in Germany and the United States in November of last year, respectively. Available production capacities were also key. For example, around 375,000 “ypsilons” were created in the gigafactory near Berlin last year.

For the year 2023, the Tesla Model Y has claimed a significant year-on-year sales growth of 63% on the global market. China became the largest market with more than 456,000 copies (+45 percent compared to 2022). However, the outlook for this year is generally uncertain.

In Germany, subsidies for electric cars ended in the middle of last December, while the demand for these cars is likely to fluctuate in important markets (for example, due to increasingly high interest rates). Those who longed for an electric car usually already bought one. However, the Model Y will certainly be greatly helped by the aforementioned modernization, which, in addition to a different appearance, will also bring a better cabin, new technologies and a more comfortable chassis.

2024-01-26 17:51:00
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